Categories: IT & Communication Technology

Wireless Power Transmission Market Size and Share

The Wireless Charging IC Global Market Report 2023, provides comprehensive information on the wireless charging ic market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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https://www.thebusinessresearchcompany.com/report/wireless-charging-ic-global-market-report

The global wireless charging IC market size is expected to grow from $2.86 billion in 2022 to $3.48 billion in 2023 at a compound annual growth rate (CAGR) of 21.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global wireless charging IC market size is expected to grow to $7.37 billion in 2027 at a CAGR of 20.6%.

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Technological advancements have emerged as a key trend gaining popularity in the wireless charging IC market. Major companies operating in the wireless charging IC market are focused on developing advanced technologies and solutions to strengthen their position in the market. For instance, in October 2021, Spark Connected, a US-based wireless power technology firm, launched The Beast 2.0, which is an automotive in-cabin wireless charging solution with TDK’s (TDK Corporation, a Japan-based electronics corporation) newest pattern coil technology. The new Beast 2.0 is a Qi v1.3-compliant 15-watt car in-cabin wireless charging solution. With continuous charging even during vehicle stop/start events, it offers a wide input supply range, and improved user safety features such as Foreign Object Detection.

The wireless charging ic market is segmented:

1) By Type: Receiver IC, Transmitter IC

2) By Power Range: Low Range, Medium Range, High Range

3) By Application: Smartphones, Tablets, Medical Devices, Wearable Electronic Devices, Other Applications

4) By Industry Vertical: Consumer Electronics, Automotive, IT and Telecommunication, Oil and Gas, Mining, Healthcare, Other Industry Verticals

Asia-Pacific was the largest region in the wireless charging ic market in 2022.

The table of contents in TBRC’s wireless charging ic market report includes:

Executive Summary
Wireless Charging IC Market Characteristics
Wireless Charging IC Market Trends And Strategies
Wireless Charging IC Market – Macro Economic Scenario
Wireless Charging IC Market Size And Growth

Africa Wireless Charging IC Market
Wireless Charging IC Market Competitive Landscape And Company Profiles
Key Mergers And Acquisitions In The Wireless Charging IC Market
Wireless Charging IC Market Future Outlook and Potential Analysis
Appendix

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